Released on = April 20, 2007, 1:45 am

Press Release Author = Bharat Book Bureau

Industry = Marketing

Press Release Summary = US amines demand to reach $2.9 billion in 2010
US demand for amines (excluding those used to produce other amines) will grow 3.0
percent per year through 2010 to 2.8 billion pounds, valued at $2.9 billion.

Press Release Body = Amines industry forecasts to 2010 & 2015

US amines demand to reach $2.9 billion in 2010
US demand for amines (excluding those used to produce other amines) will grow 3.0
percent per year through 2010 to 2.8 billion pounds, valued at $2.9 billion. Growth
will be driven by fast-growing niches (such as glyphosate herbicides), new
applications (such as wood preservatives) and higher surfactants loadings in
detergents and personal care products.

Value gains will outpace gains in volume due to continuing price increases resulting
from high capacity utilization and rising feedstock and energy costs. Because of
pricing differences, the relative importance of each amine type varies in volume
versus value terms. For example, ethanolamines are the dominant type by volume, but
the smallest in value based on their low cost (less than $0.50 per pound). Likewise,
specialty amines account for a relatively low volume share, but their higher prices
(in excess of $2.00 per pound for many products) make them the most important amines
by value.


Additional Information

Ethanolamines to remain largest type by volume
Ethanolamines are the largest amine type by production volume, and will continue to
show the fastest growth through 2010 despite moderating from the 2000-2005 pace. The
phasing out of chromated copper arsenate (CCA) in wood preservation will continue to
benefit monoethanolamine as the two leading alternatives both make extensive use of
the chemical. Triethanolamine growth will be led by new applications in diesterquat
fabric softeners. While diethanolamine will not see any new applications, it will
still post solid gains on the strength of glyphosate herbicide demand.

Specialty amines will show solid gains fueled by gas sweetening applications, where
their strong performance characteristics are making them more cost-effective as
compared to the commodity amines. An acceleration in plastics production, the
largest market for specialty amines, will also aid gains. Demand for ethyleneamines
will accelerate as key industrial markets -- including plastics processing --
recover from slowdowns during the 2000-2005 period.

Personal care products to post best market growth
Among the major markets for amines, personal care products will provide the best
growth opportunities due to higher amine loadings in premium products and healthy
gains in the personal care products industry overall. Detergents and cleaning
products, and agricultural chemicals -- the two largest amine markets -- will see
slightly below average gains due to maturity in most applications, although certain
niches like glyphosate herbicides will see stronger growth.

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